Two new LNG terminals imperative for success of the project: Ghiyas Paracha

Lahore: The All Pakistan CNG Association (APCNGA) on Friday welcomed the agreement between Pakistan and Russia for construction of 1100 kilometre pipeline to transport LNG from Karachi to Lahore terming it beginning of the end of energy crisis which has crippled economy.

The pipeline will transport 12.4 billion cubic feet per annum out of which half would be used to generate 3600 MW electricity while the rest would help CNG, fertiliser and industrial sectors in Punjab run with uninterruptedly said Ghiyas Abdullah Paracha, Chairman Supreme Council APCNGA.

The agreement would help change energy landscape of the country which is a great achievement of the Government however, construction on two more LNG terminals with 1000 bcf capacity is necessary to make it a success, he said.

Ghiyas Paracha said that distribution of gas should be improved by laying new pipelines so that the situation could be improved. He said that Prime Minister of Petroleum Minister should personally monitor development of the project to ensure unhindered development and timely completion which will revolutionise economy.

The leader of the CNG sector said that all the concerned departments should be cleared of corrupt, incompetent and conspirators while experienced officials of good repute should be posted for the success of project.

Gas companies should be directed to minimise increasing transmission and distribution losses which is of vital importance to this landmark initiative, he said.